Pacific Biosciences of California, Inc. (PACB) had a light trading with around 1.18M shares changing hands compared to its three month average trading volume of 1.85M. The stock traded between $4.55 and $4.8 before closing at the price of $4.76 with 3.03% change on the day. The Menlo Park California 94025 based company is currently trading 26.6% above its 52 week low of $3.76 and -55.72% below its 52 week high of $10.75. Both the RSI indicator and target price of 44 and $7.46 respectively, lead us to believe that it should be put on hold over the coming weeks.
Pacific Biosciences of California, Inc. designs, develops, and manufactures sequencing systems to resolve genetically complex problems. The company’s single molecule real-time (SMRT) sequencing technology enables single molecule real-time detection of biological processes. It offers PacBio RS II and Sequel Systems that conducts, monitors, and analyzes biochemical sequencing reactions. The company also provides consumable products, including sealed and packaged SMRT cells, as well as various reagent kits, such as template preparation, binding, and sequencing kits to run the PacBio RS II or Sequel System. Its customers include research institutions; commercial laboratories; genome centers; clinical, government, and academic institutions; genomics service providers; pharmaceutical companies; and agricultural companies. The company markets its products through a direct sales force in North America and Europe, as well as primarily through distributors in Asia. The company was formerly known as Nanofluidics, Inc. Pacific Biosciences of California, Inc. was founded in 2000 and is headquartered in Menlo Park, California.
G-III Apparel Group, Ltd. (GIII) failed to extend gains with the stock declining -2.35% or $-0.59 to close the day at $24.51 on light trading volume of 1.17M shares, compared to its three month average trading volume of 987.04K. The New York New York 10018 based company has been underperforming the textile – apparel clothing group over the past 52 weeks, with the stock losing -47.52%, compared to the industry which has dropped -15.29% over the same period. With RSI of 33.24, the stock should still continue to rise and get closer to its one year target estimate of $29.75, making it a hold for now.
G-III Apparel Group, Ltd. designs, manufactures, and markets men’s and women’s apparel. It operates through two segments: Wholesale Operations and Retail Operations. The company’s products include outerwear, dresses, sportswear, swimwear, women’s suits, and women’s performance wear; and women’s handbags, footwear, small leather goods, cold weather accessories, and luggage. It markets swimwear, resort wear, and related accessories under the Vilebrequin brand; footwear, apparel, and accessories under Bass and G.H. Bass brands; and apparel products under Andrew Marc, Marc New York, Jessica Howard, Eliza J and Black Rivet, Weejuns, and other private retail labels. G-III Apparel Group, Ltd. also licenses its products under the Calvin Klein, ck Calvin Klein, Karl Lagerfeld, Guess, Guess?, Kenneth Cole NY, Reaction Kenneth Cole, Cole Haan, Levi’s, Vince Camuto, Tommy Hilfiger, Jessica Simpson, Ivanka Trump, Jones New York, Ellen Tracy, Kensie, Dockers, Wilsons, G-III Sports by Carl Banks, and G-III for Her brands, as well as have licenses with the National Football League, Major League Baseball, National Basketball Association, National Hockey League, Touch by Alyssa Milano, Hands High, Collegiate Licensing Company, Major League Soccer, and Starter. The company offers its products to department, specialty, and mass merchant retail stores in the United States, Canada, Europe, and the Far East; and distributes products through its retail stores, as well as through G.H. Bass, Wilsons Leather, Vilebrequin, and Andrew Marc Websites. As of January 31, 2016, it operated 199 Wilsons Leather stores, 163 G.H. Bass stores, and 5 Calvin Klein performance stores. G-III Apparel Group, Ltd. was founded in 1956 and is based in New York, New York.
Jabil Circuit, Inc. (JBL) shares were down in last trading by -0.04% to $24.35. It experienced lighter than average volume on day. The stock increased in value by almost 1.54% over the past week and grew 4.33% in the past month. It is currently trading 5.93% above its 50 day moving average and 17.46% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -3.14% decrease in value from its one year high of $25.14. The RSI indicator value of 69.13, lead us to believe that it is a hold for now.
Jabil Circuit, Inc., together with its subsidiaries, provides electronic manufacturing services and solutions worldwide. The company operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services. It provides electronics design, production, and product management services. The company offers electronic circuit design services, including application-specific integrated circuit design, firmware development, and rapid prototyping services, as well as designs the look and feel of the plastic and metal enclosures that comprise the electro-mechanics, such as the printed circuit board assemblies (PCBA). It also specializes in three-dimensional mechanical design comprising the analysis of electronic, electro-mechanical, and optical assemblies, as well as the provision of various industrial design, advance mechanism development, and tooling management services. In addition, the company offers computer-assisted design services consisting of PCBA design, and PCBA design validation and verification services, as well as other consulting services, which include the generation of a bill of materials, approved vendor list, and assembly equipment configuration for various PCBA designs. Further, it provides product and process validation services that comprise product system, product safety, regulatory compliance, and reliability tests, as well as manufacturing test solution development services. Additionally, the company offers systems assembly, test, direct-order fulfillment, and configure-to-order services. It provides its services to companies in the automotive, capital equipment, consumer lifestyles and wearable technologies, computing and storage, defense and aerospace, digital home, emerging growth, healthcare, industrial and energy, mobility, networking and telecommunications, packaging, point of sale, and printing industries. The company was founded in 1966 and is headquartered in St. Petersburg, Florida.